# 2025 Reconciliation Farm Bill – Summary Overview | Farm Office

> Ohio State's Carl Zulauf summarizes the 2025 reconciliation farm bill, signed into law by President Trump on July 4, 2025. Its provisions include SNAP changes, indexing of the Thrifty Food Plan, and commodity support prices running through the 2031 crop years.

- Date: 2025-07-11 · published 2025-07-11T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/23743-2025-reconciliation-farm-bill-summary-overview-farm-office
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Higher guaranteed commodity support can keep acres in production and cap downside price pressure, which is mildly bearish for feed grains over time. The SNAP changes do not affect feed demand directly.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-08-22 | [The Reconciliation Farm Bill: Top Five Most Problematic Changes to Farm Policy, #3 - farmdoc daily](https://feedsoft.ai/events/23309-the-reconciliation-farm-bill-top-five-most-problematic-changes-to-farm-policy-3.md) | -0.6% | +7.6% |
| CORN | 2025-07-03 | [Farm Bill in Reconciliation: ARC/PLC Payment Projections; Policy Design Lab Update - farmdoc daily](https://feedsoft.ai/events/23744-farm-bill-in-reconciliation-arc-plc-payment-projections-policy-design-lab.md) | -5.1% | -5.0% |
| CORN | 2025-07-01 | [TFM Daily Market Summary 07-01-2025 - Total Farm Marketing by Stewart-Peterson](https://feedsoft.ai/events/4522-tfm-daily-market-summary-07-01-2025-total-farm-marketing-by-stewart-peterson.md) | -3.3% | -4.5% |
| CORN | 2020-11-01 | [Trump Funnels Record Subsidies to Farmers Ahead of Election Day (Published 2020)](https://feedsoft.ai/events/50631-trump-funnels-record-subsidies-to-farmers-ahead-of-election-day-published-2020.md) | +0.5% | +8.6% |
| CORN | 2024-02-12 | [What are reference prices and why are they in the farm bill?](https://feedsoft.ai/events/31656-what-are-reference-prices-and-why-are-they-in-the-farm-bill.md) | -1.8% | +3.5% |
| SOY | 2025-08-22 | [The Reconciliation Farm Bill: Top Five Most Problematic Changes to Farm Policy, #3 - farmdoc daily](https://feedsoft.ai/events/23309-the-reconciliation-farm-bill-top-five-most-problematic-changes-to-farm-policy-3.md) | -0.6% | -0.9% |
| SOY | 2025-07-03 | [Farm Bill in Reconciliation: ARC/PLC Payment Projections; Policy Design Lab Update - farmdoc daily](https://feedsoft.ai/events/23744-farm-bill-in-reconciliation-arc-plc-payment-projections-policy-design-lab.md) | -3.6% | -8.4% |
| SOY | 2020-11-01 | [Trump Funnels Record Subsidies to Farmers Ahead of Election Day (Published 2020)](https://feedsoft.ai/events/50631-trump-funnels-record-subsidies-to-farmers-ahead-of-election-day-published-2020.md) | +4.0% | +10.6% |

## Sources

- farmoffice.osu.edu: https://farmoffice.osu.edu/blog/fri-07112025-907am/2025-reconciliation-farm-bill-%E2%80%93-summary-overview

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.